Scarsdale, NY—10583
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Scarsdale, NY
As of Oct '25, the median home price in Scarsdale, NY is $1,470,000, with a year-over-year change of 6.0%. This indicates that home prices in Scarsdale, NY are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,470,000 | 6.0% |
| Single Family | $1,621,000 | 7.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $496,000 | 5.1% |
3 Bed | $1,120,000 | 5.4% |
4 Bed | $1,579,000 | 6.7% |
| 5 Bed | $2,475,000 | 8.2% |
% of Housing Stock
Rental Trends — Scarsdale, NY
As of July '25, Rentcast reports the average rent in Scarsdale, NY is $6,370, with a year-over-year rent change of -0.2%. Per bedroom, the median rent as of July '25 in Scarsdale, NY is studios: $1,800, 1-bedrooms: $2,960, 2-bedrooms: $4,150, 3-bedrooms: $7,030, 4-bedrooms: $7,680. The most common rental property sizes in Scarsdale, NY are 2-bedroom and 1-bedroom, accounting for 31.6% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $6,200 | $6,370 |
| Studio Rent | $1,800 | $1,800 |
| 1 Bed Rent | $3,300 | $2,960 |
| 2 Bed Rent | $4,200 | $4,150 |
| 3 Bed Rent | $6,500 | $7,030 |
| 4 Bed Rent | $7,500 | $7,680 |
% of Rental Stock
Property Listings — Scarsdale, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Scarsdale, NY is 71. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 4.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,440,000 | -22.0% |
Listing Count | 155 | 75.0% |
| Listings as % of Homes | 0.5% | 75.0% |
Days on Market | 71 | 22.0% |
Demographics — Scarsdale, NY
As of the latest ACS Survey released in 2023, Scarsdale, NY has a population of 40,600, which has increased by 1.5% over the past 5 years. Scarsdale, NY is a popular place for families, as children make up 27.5% of the population. The area has a highly educated workforce, with 80.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,600 | 1.5% |
% Under 18 | 27.5% | 1.5% |
% Seniors | 17.3% | -1.7% |
% WFH | 26.7% | 196.7% |
% w/ College Degree | 80.8% | 2.5% |
As of the latest ACS Survey released in 2023, Scarsdale, NY is a predominantly white area, with 63.2% of the population identifying as white. The white population has shrunk by 15.4% in the last 5 years. The second most common race or ethnicity in Scarsdale, NY is asian, making up 20.4% of the population. Foreign-born residents account for 25.4% of the population in Scarsdale, NY, and this percentage has increased by 19.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.2% | -15.4% |
% Black | 2.8% | 75.0% |
% Hispanic | 8.3% | 50.9% |
% Asian | 20.4% | 37.8% |
% Foreign Born | 25.4% | 19.8% |
Mortgage and Risk — Scarsdale, NY
According to HUD data as of 2023, there were 621 mortgage originations in Scarsdale, NY, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Scarsdale, NY. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 621 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Scarsdale, NY
As of 2024, the percent of homes in Scarsdale, NY under the Section 8 program is 4.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Scarsdale, NY, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 84 |
Total Units Section 8 | 84 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $3,300 | $3,240 |
| 2 Bedroom | -$610 | $4,200 | $3,590 |
| 3 Bedroom | -$2,030 | $6,500 | $4,470 |
| 4 Bedroom | -$2,670 | $7,500 | $4,830 |
Affordability — Scarsdale, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $1,470,000 |
| Median Household Income | $250,000 |